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Barakah Reactor At 80% Capacity
...ll capacity while its performance is monitored. Nawah says that once 100% output is achieved, the plant will be gradually shut down for a check outage which “takes place over several months.” Barakah-1 was planned for start-up in 2017, with the other three units to be brought on line at yearly in...
Volume: 63Issue: 47Published at Fri, 20 Nov 2020 -
Egypt Kicks-Off 2018-19 Fundraising
...an to raise $5bn this year is an indication of its improving finances following its $12bn IMF sponsored financial reform program which officially ended in August of this year (MEES, 13 September). Since entering the program in November 2016 Egypt has borrowed $7bn in 2016-17, $6.5bn in 2017-18 and $6....
Volume: 62Issue: 47Published at Fri, 22 Nov 2019 -
Egypt Inks E&P Deals
...gust) output risks falling below the previous low of 330,000 b/d set in March 2017 whilst Egypt’s overall output looks set to test the 35-year low of 614,000 b/d set the same month (see chart). EGYPT'S SLIDING OIL OUTPUT ('000 B/D) Source: EGPC. ...
Volume: 62Issue: 47Published at Fri, 22 Nov 2019